NOT LISTED FOR SALE

5240 E Lake Rd Sheffield Lake, OH 44054

Estimated Value: $218,000 - $252,000

4 Beds
2 Baths
1,776 Sq Ft
$134/Sq Ft Est. Value

About This Home

This home is located at 5240 E Lake Rd, Sheffield Lake, OH 44054 and is currently estimated at $238,469, approximately $134 per square foot. 5240 E Lake Rd is a home located in Lorain County with nearby schools including Knollwood Elementary School, Brookside Intermediate School, and Brookside Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2002
Sold by
Lore Ricky L and Lore Alexis A
Bought by
Justin Ronald E and Justin Elizabeth A
Current Estimated Value
$238,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.95%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Justin Ronald E $115,000 Insignia Title Agency Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Justin Ronald E $115,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,158 $59,213 $12,884 $46,330
2023 $3,168 $52,206 $17,007 $35,200
2022 $3,062 $52,206 $17,007 $35,200
2021 $3,080 $52,206 $17,007 $35,200
2020 $2,818 $43,690 $14,230 $29,460
2019 $2,801 $43,690 $14,230 $29,460
2018 $2,869 $43,690 $14,230 $29,460
2017 $2,925 $41,440 $12,890 $28,550
2016 $2,953 $41,440 $12,890 $28,550
2015 $2,914 $41,440 $12,890 $28,550
2014 $2,555 $40,040 $12,450 $27,590
2013 $2,543 $40,040 $12,450 $27,590
Source: Public Records

Map

Ohio Lorain County Sheffield Lake 44054

5240 E Lake Rd, Sheffield Lake, OH

Not Listed for Sale

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